Nonradial directional performance measurement with undesirable outputs: An application to OECD and Non-OECD countries

Chen, Po-Chi, Yu, Ming-Miin, Chang, Ching-Cheng, Hsu, Shih-Hsun, & Managi, Shunsuke (2015) Nonradial directional performance measurement with undesirable outputs: An application to OECD and Non-OECD countries. International Journal of Information Technology and Decision Making, 14(3), pp. 481-520.

View at publisher

Abstract

The objective of this paper is to provide a more comprehensive e±ciency measure to estimate the performance of OECD and non-OECD countries. A Russell directional distance function that appropriately credits the decision-making unit not only for increase in desirable outputs but also for the decrease of undesirable outputs is derived from the proposed weighted Russell directional distance model. The method was applied to a panel of 116 countries from 1992 to 2010. This framework also decomposes the comprehensive efficiency measure into individual input/ output components' inefficiency scores that are useful for policy making. The results reveal that the OECD countries perform better than the non-OECD countries in overall, goods,labor and capital efficiencies, but worse in bad and energy efficiencies.

Impact and interest:

0 citations in Scopus
Search Google Scholar™

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

ID Code: 93437
Item Type: Journal Article
Refereed: Yes
Keywords: Data envelopment analysis, directional distance function, undesirable output, Russell measure, slacks-based model
DOI: 10.1142/S0219622015500091
ISSN: 0219-6220
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Copyright Owner: Copyright 2015 World Scientific Publishing Co. Pte. Ltd.
Deposited On: 07 Mar 2016 02:22
Last Modified: 08 Mar 2016 04:02

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page